FedEx was the standout, with a 23% loss on the week, spurred by the announcement that the Move giant is effectively idling at least some operations. FedEx’s warnings also have implications for the Pay and Be Paid group in particular. The CFPB released a report this week, “Buy Now, Pay Later: Market Trends and Consumer Impacts” The buy now, pay later space looks set to be upended by increased regulatory scrutiny. A few individual names eked out gains, albeit muted ones, as the “best” performing sectors were the Live pillar, down 2.4% and the Have Fun pillar, which lost 4%. In Live, for example, Porch Group was up 4.9% . . .
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